People's Passenger Railway Company of Philadelphia stock certificate circa 1875 (Pennsylvania)

Philly streetcar collectible. Nice double vignette - Pennsylvania state seal at the top center and a horse-drawn trolley along the left border. Unissued and not cancelled, Dated 18__ but circa 1875 from company records.  Measures approximately 12.5 x 7.5 inches.   

The People's Passenger Railway Company was a Philadelphia horse-drawn streetcar company founded by Robert Carson, who consolidated several horse-drawn streetcar lines into one company. The company operated until the 1890s when its horse-drawn lines were converted to electric trolleys, and Carson sold his interest in the company. 

The People’s Passenger Railway Company of Philadelphia was founded in 1875 as a consolidation of several Philadelphia trolley lines by Robert Carson, a member of the William H. Shelmerdine and Company brokerage firm.

In October 1881, the stockholders of Germantown Passenger Railway (Fourth and Eighth Streets) resolved to lease their road and franchises to the People's Passenger Railway.

March 1884. Fire at the stable of People's Passenger R. W. Company, at Eighth and Dauphin Streets. Loss, $5,000. It contained 128 horses, which were rescued.

In July 1895. Leading stockholders of the People's and Electric and the Philadelphia Traction Companies agreed to consolidate and form a company with a capital of 30,000,000, a charter for which was afterwards obtained and consolidation effected, dating from October first.

It was then leased in 1896 to the Union Traction Company, which was eventually leased in 1902 to the Philadelphia Rapid Transit Company.

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